I converted to Xero from anohter system from 1st April 2019 which is the beginning of the accounting year. I entered the conversion balances on 31st March. However, the VAT period runs from 1st March to31st May. For that reason, I have entered all the transactions in March into Xero after entering the conversion balances. In other words, the March transactions which are in the old system are duplicated in Xero for VAT purposes. However, they will be on the final accounts to be prepared from the old system.
This should not cause a problem as they are not in the current accounting year? Also Xero automatically adjusted the conversion balances after March transactions.
Your help will be appreciated.